Indices closed UP.
S&P 500 @ 2637.72, high 2647.51, low 2583.23
RSI 40.00
CMF @ 0.071
Internals were :
Down volume led by 2.73 to 1 in NYSE & .87 to 1 in Nasdaq
Declining stocks led by 2.10 to 1 in NYSE & 1.47 to 1 in Nasdaq
Net new 52 wk lows were leading by 794 in NYSE & 501 in Nasdaq
VIX Down 2.54% @ 22.64
Oil @ $51.00
Gold @ $1249.40
Stocks which were UP 2% or more included NVDA SQ
SHOP AMD ESTC SPLK FB TSLA NTNX YELP
OSTK MSFT PANW.....
AH news...ASNA UP 12.09%, CAMP Down 9.59%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE went deeper into bearish mode by cutting recent lows in S&P 500 & DOW then stage a rebound and closed in green, @ low of the day DOW was down 507 points. This market is facing trade uncertainties between # 1 & # 2 world economies, unless this issue gets resolved, we cannot have any sustained rally.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem,
Sold AMRN @ 16.70
It's just not acting like I think it should have given the non-cyclical nature and a "positive" secondary offering. I think investors are more focused on next-gen biotech solutions.
Stocktrader
Hi Stocktrader,
Good luck with your strategy and next pick.....
Saleem
Hi Saleem,
Bought ORTX @ 15.61
This is a new gene therapy stock, and I thought I'd give it a try.
Stocktrader
Hi Stocktrader,
Good luck with ORTX.....
Saleem
Hi Stocktrader,
Sold ROKU @ $35.35
Saleem
Hi Saleem,
This market is so tough. Good luck on your next pick.
Stocktrader
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